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21-23 W Anapamu St
Santa Barbara, CA 93101
Office Property For Sale
Investment Highlights
- Prime downtown Santa Barbara location just steps from State Street and premier retail, dining, and cultural attractions.
- Historic building constructed in 1903 with architectural character and cultural significance.
- Surrounded by strong demographics, high foot traffic, and a thriving tourism-driven economy.
- Delivered vacant, providing full flexibility for adaptive reuse or repositioning.
- Adjacent to public parking and within walking distance to major amenities and transit.
Executive Summary
21–23 W Anapamu Street represents a rare opportunity to acquire a prominent ±8,404 SF commercial building in the core of Downtown Santa Barbara, positioned just off the highly trafficked State Street corridor and surrounded by premier dining, retail, cultural institutions, and public parking, supporting a wide range of future commercial or institutional uses.
Constructed in 1903, the property has served numerous functions over its long history, with its most notable period beginning in 1986 as the flagship “Dean” location of the Karpeles Manuscript Library Museum, which displayed thousands of significant historical documents and educational exhibits and became a wellcultural anchor in the community for nearly four decades.
The asset will be delivered vacant, offering incoming ownership the full flexibility to reposition and adapt this historic structure to its next chapter.
Constructed in 1903, the property has served numerous functions over its long history, with its most notable period beginning in 1986 as the flagship “Dean” location of the Karpeles Manuscript Library Museum, which displayed thousands of significant historical documents and educational exhibits and became a wellcultural anchor in the community for nearly four decades.
The asset will be delivered vacant, offering incoming ownership the full flexibility to reposition and adapt this historic structure to its next chapter.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,404 SF
Building Class
B
Year Built
1935
Price
$3,300,000
Price Per SF
$392.67
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,202 SF
Building FAR
1.02
Lot Size
0.19 AC
Zoning
CG - Office, Retail + Non-traditional uses such as artist studio, school, community assembly, cultural institution, medical/dental, vet/pet services.
Parking
100 Spaces (11.9 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Natural Light
- Air Conditioning
Property Taxes
| Parcel Number | 039-231-004 | Improvements Assessment | $1,353,562 |
| Land Assessment | $1,449,359 | Total Assessment | $2,802,921 |
Property Taxes
Parcel Number
039-231-004
Land Assessment
$1,449,359
Improvements Assessment
$1,353,562
Total Assessment
$2,802,921
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